Finance
The company was pulled out by the volume of sugar sales: revenue grew by 62% compared to Q2 2021, and the volume of sugar sales grew by 21% in the first half of the year. As for other key business metrics, the company reported poorly. Wheat sales fell by 28%
Finance
The Chinese yuan/ruble pair on the Moscow Exchange has set a new historical record in terms of volumes of trades. At the end of the session on July 21, trading turnover reached ₽56 billion.
Europe
Uniper is in big trouble because of the gas shortage. The increase in energy prices will become visible to all. Scholz said that the government is planning additional measures to reduce the increase in energy consumption. The energy measures should be in place by early next year.
Finance
The Central Bank of Ukraine today devalued its national currency to strengthen the country's economy. Now the hryvnya exchange rate is about 36.56 per dollar (previously it was 29.25). The bank said that the change in the exchange rate will increase the inflow of foreign currency
Bank
* The bank warned of attacks from abroad through phishing apps for Android. Personal data as well as information from SMS or phone conversations are intercepted, the company's press service said.
Finance
During the day, traders liquidated $230 million in futures, $137 million in short positions and $93 million in long positions. Crypto exchanges are forcibly closing positions. We should also remind that a historic transition of Etherium to Proof-of-Stake is scheduled for September.
Finance
But the only thing is that the penalty is again not enough: according to the Administrative Code, the offense under paragraph 1 of Article 13.11 for legal entities is a fine of 60 to 100 thousand rubles. On May 20 in social networks there was information about customer database
Finance
The battle for influence in the Persian Gulf is underway. A few days before Putin's visit to Tehran, U.S. President Biden visited Saudi Arabia. With a growing shortage of fuel supply in the world, the Persian Gulf countries are increasing their importance in geopolitics.
Finance
The U.S. wants to eliminate "overdependence" on China for supplies of rare earth metals and certain commodities. China has in the past used coercion to pressure other countries. Negotiations with India on a proposed price cap on Russian oil have been "encouraging. The U.S. has
Finance
Retail sales y/y: 3.1% (forecast: 0.3%, anticipated: -6.7%) GDP q/q (2 q/q): -2.6% (forecast -2% vs. (forecast -2%, pres. 1.3%) GDP y/y (June): 0.4% (early estimate 1.2%) (forecast 1.2%, previous 4.8%) Industrial production y/y (June): 3,
Finance
While investors choose well-known companies - Alibaba, Tencent, Xiaomi. "SPE Exchange and brokers summed up the first results of trading in Hong Kong shares: The volume of transactions in the main trading mode from July 11 to 14 amounted to 43.4 million Hong Kong dollars (HKD, equivalent to
Finance
* The yield curve inversion, which has peaked since 2007, is starting to affect investor sentiment. Tech companies are losing ground ahead of the reporting season, which is expected to clearly demonstrate U.S. economic problems.